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A 'pivot' to inflation data. The December jobs report showed the US labor market remains on more ... (-0.1% expected, -0.4% prior); Initial jobless claims, week ending Jan. 11 (201,000 previously ...
Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office.
Egg prices fell a whopping 13.8% in May after dropping 1.5% in April and 10.9% in March. US stocks edged higher in early trading following the release of the data. Treasury yields fell about 7 ...
In the week ahead, inflation will take center stage, with the Consumer Price Index (CPI) set for release on Wednesday morning. ... in three years and is well above the 11.8% earnings growth ...
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...
Housing, consumers, inflation. The week's biggest economic data point will come with markets closed on Friday. Economists expect that "core" PCE inflation rose 0.3% over the prior month in ...
But even with that targeted approach, the consensus is that it will act as a dreaded inflation bomb. In this case, the report predicts inflation could increase by 0.6 percentage points. Fiscal Tension
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets eyeing another rate cut. Stock market today: Indexes slip as investors ...